When I sit down with procurement leaders, they are often facing the same challenge: Their departments are stuck in a tactical data processing mode with limited resources and increasing ...

Strategic sourcing Strategic sourcing is an approach to procurement that focuses on long-term value rather than just short-term wins. It involves a holistic view of purchasing through analyzing ...

What are the most common types of procurement? Procurement stands as one of the most influential business functions in modern organizations, directly impacting both financial performance and ...